Building Details

Year Built 1970

Year Renovated 2025

Buildings 1

Stories 1

Units 1

Building Size 15,600 SF

Listing Agency: Northmarq

Listed By: Ani Paulson · License #428443

Source: Crexi

Added: Aug 12 Changed: Oct 10 Last Checked: Oct 12 at 7:54PM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq

Investment Insights

Based on property information with market context.

This warehouse property at 121 Metrock Circle includes a fenced industrial outdoor storage site and renovated building improvements. Work completed includes roof upgrades, exterior painting, LED lighting, and an additional drive-in door. The facility has one loading dock, four drive-in doors, and 16.5-foot clear height. The building was constructed in 1970 and the property is zoned M1 Light Industrial.

The 2.46-acre site is located in Helena in south Shelby County, near Helena Road and close to Highway 31, Interstate 65, and downtown Birmingham. The property is suited to industrial operations requiring both enclosed warehouse space and secured outdoor storage.

Key Highlights

• 2.46‑acre industrial property with a fenced IOS site
• One loading dock and four drive‑in doors
• 16.5‑foot clear height

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$77,768

Cap Rate

4.74%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,555,360 $1.6M

Cap Rate 7%

$1,110,971 $1.1M

Cap Rate 9%

$864,089 $864.1K

Market Conditions

NOI Build-Up for 15,360 SF

Gross rent

$100.8K $6.56/SF

− Vacancy

−$9.3K −$0.60/SF

EGI

$91.5K $5.96/SF

− OpEx

−$13.7K −$0.89/SF

NOI

$77.8K $5.06/SF

Area

Shelby County, AL

Vacancy

9.20%

Lease Rate

$6.56 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,555,360

Cap Rate 7%

$1,110,971

Cap Rate 9%

$864,089

Alternative Uses

Best Use

Warehouse

$1.11M

$972.1K – $1.30M (±1% cap)

NOI $77,768 @ 7.0% cap · market cap 4.74%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$3.61M

$3.15M – $4.21M (±1% cap)

NOI $252,371 @ 7.0% cap · market cap 15.39%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Crossfit Furious Gym & Fitness Center No Limits Fitness ... Gym & Fitness Center

Suggested Use

Top Pick Auto Parts Store Building Supply Dental Office Pharmacy Law Firm Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft

Clear height

1

Dock-high doors

4

Drive-in doors

Yes

Fenced yard

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

244

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 35080, AL

19,692

Population

7,081

Households

2.8

Avg Household Size

36

Median Age

48%

College-Educated

97%

High-School Grad

46.1 sq mi

ZIP Area

427

Density / Sq Mi

$111,871

Median Household Income

$59,601

Median Earnings

$1,611

Median Rent

$278,500

Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - Industrial property combines renovated warehouse space with a fenced outdoor storage yard.

Where is this warehouse located?

The property is located at 121 Metrock Circle Helena, AL.

What is the asking price?

The asking price for this property is $1,640,000.

What are key features of this property?

This property features: 2.46‑acre industrial property with a fenced IOS site; One loading dock and four drive‑in doors; 16.5‑foot clear height